The IT consulting industry in Vietnam has witnessed remarkable growth and success over the past few years, owing to various factors such as government initiatives, technological disruptions, and favorable economic conditions. This article will provide a comprehensive overview of the key statistics, factors contributing to its growth, industry growth and comparison to previous years, key trends, challenges, and future outlook.
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ACCENTURE
552,373
+65 6410 8000
Accenture is a global professional services company with leading capabilities in digital, cloud, and security. Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Technology and Operations Services, and Accenture Song—all powered by the world’s largest network of Advanced Technology and Intelligent Operations centers. Our people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners, and communities. Visit us at accenture.com.
CAPGEMINI
292,877
+65 6224 6620
Capgemini is a global leader in partnering with companies to transform and manage their business by harnessing the power of technology. The Group is guided everyday by its purpose of unleashing human energy through technology for an inclusive and sustainable future. It is a responsible and diverse organization of 360,000 team members in more than 50 countries. With its strong 55-year heritage and deep industry expertise, Capgemini is trusted by its clients to address the entire breadth of their business needs, from strategy and design to operations, fueled by the fast evolving and innovative world of cloud, data, AI, connectivity, software, digital engineering and platforms. The Group reported in 2022 global revenues of €22 billion.Get The Future You Want | www.capgemini.com
COGNIZANT
320,842
+65 6812 4051
Cognizant (Nasdaq-100: CTSH) engineers modern businesses. We help our clients modernize technology, reimagine processes and transform experiences so they can stay ahead in our fast-changing world. Together, we’re improving everyday life. See how at www.cognizant.com or @cognizant.
EY
360,974
+65 6535 7777
EY exists to build a better working world, helping create long-term value for clients, people and society and build trust in the capital markets.Enabled by data and technology, diverse EY teams in over 150 countries provide trust through assurance and help clients grow, transform and operate.Working across assurance, consulting, law, strategy, tax and transactions, EY teams ask better questions to find new answers for the complex issues facing our world today.Find out more about the EY global network http://ey.com/en_gl/legal-statement
IRON MOUNTAIN
19,835
+65 6262 5622
For over 70 years, Iron Mountain Incorporated (NYSE: IRM) has been your strategic partner to care for your information and assets. A global leader in storage and information management services and trusted by more than 225,000 organizations around the world, including 95% of the Fortune 1000, we protect, unlock, and extend the value of your work—whatever it is, wherever it is, however it’s stored. We create the framework necessary to bridge the gaps between paper, digital, media, and physical data and extract value along its lifecycle, helping to build your organizational resilience. And all this with a commitment to sustainability at our core.Our relationship is a true partnership where you trust us not only to preserve institutional knowledge and enhance efficiency, security, and access but to make your work mean more. Because in that work is the power to not only accelerate your business, but elevate it.Elevate the power of your work.
ALEPH-LABS
423
+65 6235 2496
Founded in May 2006, Aleph is a creative engineering company, strategically headquartered in Singapore and operates across the Asia Pacific. Our tight-knit and talented team works together to plan, write and produce financial, internet, mobile and desktop solutions for our various clients. Our in-depth understanding of technology and design makes us multifaceted. We possess the unique advantage of being able to successfully bridge the gap between design and technology. Aleph has grown from a garage operation to a staff strength of almost 300. Our borderless ways of working have allowed us to maintain a strong company culture across regions as we continue to collaborate and combine the strengths of each market. This is what bonds us and yet frees us enough to apply our unique talents, to deliver functional and flexible solutions, to dream big and to make it happen.We are user-centric and focused on the user experience, using it to drive the development of our customer products! We believe in creating applications that people love to use and that clients are proud of calling their own. We revel in finding real solutions to any problem – seeing them more as challenges to which we can apply our well-honed skills and talents.
PACTERA
7,503
+65 6817 0560
Leading The World Through Digital Technology, Creating Value With Industry-Targeted Services Accelerate Digital Transformation For Each Our Clients Through Leading-Edge Ideas And Nimble Execution.
MASTERCARD
32,428
+65 6533 2888
Mastercard is a global technology company in the payments industry. Our mission is to connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart and accessible. Using secure data and networks, partnerships and passion, our innovations and solutions help individuals, financial institutions, governments and businesses realize their greatest potential. Our decency quotient, or DQ, drives our culture and everything we do inside and outside of our company. With connections across more than 210 countries and territories, we are building a sustainable world that unlocks priceless possibilities for all.
MEKARI
1,278
+62 1 500 069
Mekari is #1 Software-as-a-Service (SaaS) company in Indonesia with the mission to empower the progress of businesses and professionals across various industries. Our innovative cloud-based technology solution in HR (Mekari Talenta), Accounting (Mekari Jurnal), Sales (Mekari Qontak), Tax (Mekari Klikpajak), Electronic Signature (Mekari Sign), and Benefits (Mekari Flex) have been used by thousands of businesses in Indonesia.To reach millions, we need more people like you —those who are eager to innovate, lead, and win together with us.
NCS GROUP
9,581
+65 6556 8000
NCS is a leading technology services firm, operating across Asia Pacific, providing services and solutions in consulting, digital, technology, cybersecurity and more. We believe in the power of technology to make extraordinary things happen and to create lasting impact and value for our people, communities and partners. We bring together people and expertise to harness the best of technology. Our diverse 12,000-strong workforce has delivered a wealth of large-scale, mission-critical, and multi-platform projects for governments and enterprises in Singapore and the APAC region.
NTT LTD.
18,120
+65 6322 6688
NTT Ltd. is a leading, global technology services company. We’re here to enable the connected future. We come together to make the world a better place, and every day we use the power of technology to make it happen. We employ curious people who are ready to change the world. Through the work we do with our clients and in our communities, we find ways that technology can make a positive impact. We call it technology for good. That’s our focus and it extends well beyond the bottom line. We believe in using technology for good. This means helping organizations and society transform and move into the future with a partner they can trust. At the heart of our business are relationships built on loyalty, commitment and a shared belief in what’s possible when we work together: a better world for us all to live in. Working with organizations around the world, we achieve business outcomes through intelligent technology solutions. For us, intelligent means data driven, connected, digital and secure. Through our full range of unparalleled capabilities, we empower people, strategy, operations and technology, while our platforms provide a single view across hybrid environments. This gives our clients better insight to make the right decisions at the right time and achieve their business modernization and transformation goals. A new idea becomes a great idea when it helps to make the world a better place. We’re constantly innovating. It is, and always has been, the essence of what sets us apart. We harness the collective effort of our people, together with external innovators and innovations, to drive excellence through the technologies we integrate and the services we deliver. Technology enables connection. And connections create understanding. The result is connected cities, factories, healthcare, agriculture, conservation, and even connected sport. Together we enable the connected future. Everything is iNTTerconnected.
SMEC
6,855
+61 2 9900 7100
SMEC is a global engineering, management and development consultancy with a 70-year history of delivering advanced solutions on a global scale across urban development, infrastructure and management services industries.We are specialists in providing design leadership, consulting and advisory expertise across the roads and highways, rail and metro, aviation, hydropower and renewable energy sectors.SMEC has a long and proud history which dates back to Australia’s iconic Snowy Mountains Hydroelectric Scheme in 1949, one of the largest and most complex hydroelectric schemes in the world. Joining the Surbana Jurong Group in 2016, SMEC is part of a family of specialists. We are committed to delivering sustainable solutions that help to connect, move and power people and communities.For the latest news, visit our newsroom www.smec.com/newsroom or read about the innovations and solutions shaping our communities on our Infocus blog www.smec.com/infocus. At SMEC, our global workforce is made up of experts who bring unique talent, experience and passion to their fields. We offer a rewarding career path for enthusiastic and collaborative achievers who are motivated to make a difference. For more information or to view current vacancies visit www.smec.com/careers.
KOINWORKS
646
+62 855-9201-3102
The First Credit-led Micro, Small, and Medium Enterprises (MSMEs) Neobank in Indonesia. Empowering and accelerating MSME financial inclusion and enterprise growth.☎️ 085592013102 / 0817 039 72 888✉️ support@koinworks.com
THOUGHTWORKS
11,529
+65 6513 6970
Thoughtworks is a global technology consultancy that integrates strategy, design and engineering to drive digital innovation. For 28+ years, our clients have trusted our autonomous teams to build solutions that look past the obvious. Here, computer science grads come together with seasoned technologists, self-taught developers, midlife career changers and more to learn from and challenge each other. Career journeys flourish with the strength of our cultivation culture, which has won numerous awards around the world. Join Thoughtworks and thrive. Together, our extra curiosity, innovation, passion and dedication overcomes ordinary.
ORACLE
198,645
+65 1800 672 2531
We’re a cloud technology company that provides organizations around the world with computing infrastructure and software to help them innovate, unlock efficiencies and become more effective. We also created the world’s first – and only – autonomous database to help organize and secure our customers’ data. Oracle Cloud Infrastructure offers higher performance, security, and cost savings. It is designed so businesses can move workloads easily from on-premises systems to the cloud, and between cloud and on-premises and other clouds. Oracle Cloud applications provide business leaders with modern applications that help them innovate, attain sustainable growth, and become more resilient. The work we do is not only transforming the world of business--its helping defend governments, and advance scientific and medical research. From nonprofits to companies of all sizes, millions of people use our tools to streamline supply chains, make HR more human, quickly pivot to a new financial plan, and connect data and people around the world. At work, we embrace diversity, encourage personal and professional growth, and celebrate a global team of passionate people developing innovative technologies that help people and companies tackle real-world problems head-on.If you’d like to join us, please visit our Careers page: https://www.oracle.com/corporate/careers/For investor news, SEC filings, and financial information about Oracle (NYSE:ORCL), please visit https://investor.oracle.com/home/. Follow us on Twitter: https://twitter.com/oracle Like our page on Facebook: https://www.facebook.com/Oracle/ Follow us on Instagram: https://www.instagram.com/oracle/
DXC TECHNOLOGY
86,890
+65 6428 6950
DXC Technology (NYSE: DXC) helps global companies run their mission-critical systems and operations while modernizing IT, optimizing data architectures, and ensuring security and scalability across public, private and hybrid clouds. The worlds largest companies and public sector organizations trust DXC to deploy services to drive new levels of performance, competitiveness, and customer experience across their IT estates. Learn more about how we deliver excellence for our customers and colleagues: https://www.dxc.comTwitter: https://www.twitter.com/dxctechnologyFacebook: https://www.facebook.com/DXCTechnologyYoutube: https://www.youtube.com/DXCTechnologyInstagram: https://www.instagram.com/dxctechnology
TATA CONSULTANCY SERVICES
561,863
+65 9139 3668
A purpose-led organization that is building a meaningful future through innovation, technology, and collective knowledge. Were #BuildingOnBelief.A part of the Tata group, Indias largest multinational business group, TCS has over 500,000 of the world’s best-trained consultants in 46 countries. The company generated consolidated revenues of US $22.2 billion in the fiscal year ended March 31, 2021, and is listed on the BSE (formerly Bombay Stock Exchange) and the NSE (National Stock Exchange) in India. TCS proactive stance on climate change and award-winning work with communities across the world have earned it a place in leading sustainability indices such as the MSCI Global Sustainability Index and the FTSE4Good Emerging Index. For more information, visit us at the link below*Caution against fraudulent job offers*: TCS doesnt charge any fee throughout the recruitment process. Refer here: on.tcs.com/3i9X5BU
PURE STORAGE
5,570
+65 800 379 7873
Pure Storage (NYSE:PSTG) helps innovators uncomplicate data storage, forever. Our data solutions enable SaaS companies, cloud service providers, and enterprise and public sector customers to deliver real-time, secure data to power their mission-critical production, DevOps, and modern analytics environments in a multi-cloud environment. One of the fastest growing enterprise IT companies in history, Pure Storage enables customers to quickly adopt next-generation technologies, including artificial intelligence and machine learning, to help maximize the value of their data for competitive advantage. And with a Satmetrix-certified NPS customer satisfaction score in the top one percent of B2B companies, Pures ever-expanding list of customers are among the happiest in the world.
THALES
71,101
+65 6424 7100
Thales is a global technology leader with more than 77,000 employees on five continents. The Group is investing in digital and “deep tech” innovations – Big Data, artificial intelligence, connectivity, cybersecurity and quantum technology – to build a future we can all trust. Trust is essential for societies to flourish, with humans playing a central role in every critical decision.Thaless high-tech solutions, services and products help companies, organisations and governments to achieve their goals and ambitions. And in each of our five vertical markets — digital identity and security, defence and security, aerospace, space, and transport — our customers play a vital role in society.
WIPRO
305,521
+65 6732 5611
Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a leading technology services and consulting company focused on building innovative solutions that address clients’ most complex digital transformation needs. Leveraging our holistic portfolio of capabilities in consulting, design, engineering, and operations, we help clients realize their boldest ambitions and build future-ready, sustainable businesses. With over 250,000 employees and business partners across 66 countries, we deliver on the promise of helping our customers, colleagues, and communities thrive in an ever-changing world.Wipro is an Equal Employment Opportunity employer and makes all employment and employment-related decisions without regard to a persons race, sex, national origin, ancestry, disability, sexual orientation, or any other status protected by applicable law.
Top It Consulting Companies in Vietnam
Key Statistics from 2022
Vietnam's GDP grew by 6.5% in 2022, reaching USD 389.4 billion, which is the highest growth rate in the ASEAN region. The country's economy has been expanding at an average rate of 6.5% per year for the past decade, driven by strong exports and foreign investment. The IT sector has been a major contributor to this growth, accounting for 7% of Vietnam's GDP and employing more than 1 million people.
The employment rate in the IT industry has also been growing at an unprecedented rate, with an average of 20% per year for the past five years. In 2022, the industry employed around 250,000 IT professionals, making it one of the fastest-growing sectors in Vietnam. The country's favorable demographics, low labor costs, and skilled workforce have attracted many multinational corporations to set up their operations in Vietnam, creating more job opportunities in the IT consulting industry.
Factors Contributing to its Growth and Success
One of the main factors contributing to the growth and success of the IT consulting industry in Vietnam is the government's initiatives to promote the development of the IT sector. The Vietnamese government has implemented various policies and programs aimed at creating a favorable environment for the growth of the IT industry, such as tax incentives, investment in infrastructure, and the establishment of IT parks.
The government's efforts have also been directed towards building a skilled workforce, with a focus on improving the quality of education in science, technology, engineering, and mathematics (STEM) fields. As a result, Vietnam has become a hub for software outsourcing, with many multinational corporations outsourcing their IT projects to Vietnam due to its skilled workforce and low labor costs.
Industry Growth and Comparison to Previous Years
The IT consulting industry in Vietnam has been growing rapidly over the past decade, with an average growth rate of 20% per year. The industry has expanded from offering basic IT services such as software development and maintenance to providing more complex services such as cloud computing, cybersecurity, and artificial intelligence.
The industry has also seen an increase in the number of startups, with many young entrepreneurs establishing their own IT consulting firms. In 2022, Vietnam had around 3,000 IT startups, indicating a 25% increase from the previous year. These startups are focused on providing innovative solutions to various industries, including finance, healthcare, and e-commerce.
Key Trends Including Technological Disruptions
The IT consulting industry in Vietnam is experiencing significant technological disruptions, with the emergence of new technologies such as artificial intelligence, blockchain, and the Internet of Things (IoT). These technologies have the potential to transform various industries and create new opportunities for IT consulting firms.
Artificial intelligence (AI) is one of the most significant technological disruptions in the IT consulting industry, with the potential to revolutionize various industries. Many IT consulting firms in Vietnam are investing in AI to provide more sophisticated solutions to their clients.
Blockchain technology is also gaining momentum in Vietnam, with many startups focusing on developing blockchain-based solutions for industries such as finance and logistics. The Vietnamese government has also recognized the potential of blockchain technology and is exploring ways to leverage it for various purposes, such as improving supply chain management.
Challenges
Despite the rapid growth and success of the IT consulting industry in Vietnam, there are several challenges that need to be addressed. One of the main challenges is the shortage of skilled IT professionals, particularly in the areas of emerging technologies such as AI and blockchain. To overcome this challenge, the government and the private sector need to invest in upskilling and reskilling programs to build a more skilled workforce.
Another challenge faced by the industry is the lack of regulatory frameworks for emerging technologies such as blockchain and cryptocurrencies. The government needs to establish clear regulations and guidelines to provide a stable and secure environment for businesses to operate in.
Future Outlook
In terms of the future outlook, the IT consulting industry in Vietnam is expected to continue its growth trajectory, driven by the increasing demand for IT services and the country's favorable business environment. The industry is also expected to benefit from the growing trend of digital transformation in various industries, which will create new opportunities for IT consulting firms.
Conclusion
In conclusion, the IT consulting industry in Vietnam has emerged as a significant contributor to the country's economy, driven by government initiatives, technological disruptions, and favorable economic conditions. The industry has experienced rapid growth and is expected to continue its growth trajectory in the coming years. However, challenges such as the shortage of skilled IT professionals and the lack of regulatory frameworks for emerging technologies need to be addressed to ensure the industry's long-term sustainability.